Gold Spot (XAU/USD) - Elliott Wave Analysis
In this 1-hour chart analysis of XAU/USD, we identify a potential W-X-Y corrective pattern in progress.
Key support at 2349.88 may signal a bullish reversal if respected, offering a prime opportunity for traders.
Monitor the resistance at 2400.00 for confirmation of the upward move.
In this 1-hour chart analysis of XAU/USD, we identify a potential W-X-Y corrective pattern in progress.
Key support at 2349.88 may signal a bullish reversal if respected, offering a prime opportunity for traders.
Monitor the resistance at 2400.00 for confirmation of the upward move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.